PPT Slide
The US Freight Sector is also Changing Rapidly, due to:
- Advances in real time, high capacity information technology (IT) are having a profound effect on the way US businesses order, store, and transport goods from source to market. Impacts include:
-- Rapid growth in e-commerce
-- Increasingly integrated logistics (supply chain management)
-- An increasingly global marketplace for low cost goods delivery
- Advances in freight handling and storage. Impacts include:
-- A growing interest in intermodal and containerized forms of transportation.
- These advances are fostering new business relationships.
Impacts include: -- The emergence of 3PL & 4PL companies, AND
***The treatment of transportation as part of
a broader logistics enterprise ***